Economics SSC MTS Questions

SSC MTS-General Awareness

Economics MCQ Questions


7.
What is a revenue expenditure?
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A.
Money spent on day-to-day government operations
B.
Money spent on debt repayment
C.
Money spent on purchasing assets
D.
Money spent on construction of roads
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ANSWER :
A. Money spent on day-to-day government operations
8.
Which age group of the population are covered under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) scheme of the Government of India?
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A.
25 to 60 years
B.
30 to 60 years
C.
15 to 35 years
D.
14 to 40 years
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ANSWER :
C. 15 to 35 years
9.
Which of the following is NOT a characteristic of money?
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A.
Portability
B.
Perishability
C.
Divisibility
D.
Durability
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ANSWER :
B. Perishability
10.
In India, Micro Finance Institutions primarily target which segment of the population?
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A.
Non-resident Indians (NRIs)
B.
Large corporations
C.
Low-income individuals and small businesses
D.
High-income individuals
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ANSWER :
C. Low-income individuals and small businesses
11.
Which of the following is a dimension of microfinance institutions (MFIs) in India?
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A.
Outreach to rural areas
B.
Loan interest rates
C.
Investment in the stock market
D.
Availability of credit cards
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ANSWER :
A. Outreach to rural areas
12.
What is a fiscal year?
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A.
A year that represents the financial reporting period for the government
B.
A year with a surplus in government revenue
C.
A year with a deficit in government revenue
D.
A year in which tax rates are increased
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ANSWER :
A. A year that represents the financial reporting period for the government